56446 Property Tax Rate

Property owners in ZIP code 56446 (Eagle Bend, Minnesota) pay a median of $1,464/year in property taxes on homes valued at $139,100. This translates to an effective tax rate of 1.05%, which is 10% above the Minnesota state average of 0.96%.

The monthly property tax burden for a median-valued home in 56446 is approximately $122, which factors into escrow payments on mortgages. This ZIP code is located within Todd County. This is $842 less than the Minnesota average of $2,306/year.

Compared to similar ZIP codes in Minnesota, 56446 has lower property taxes. ZIP codes with similar effective rates include 56379 (1.05%) and 55316 (1.05%).

In Eagle Bend, property taxes represent approximately 2.7% of the median household income of $54,500, providing context for the relative tax burden on homeowners in this area.

Minnesota's homestead classification applies automatically to primary residences you own and occupy, taxing the property at a reduced rate versus rental or commercial use. Verify with the Todd County Assessor that your homestead status is properly recorded after closing to secure the lower tax rate. Request a property tax statement from the Todd County Assessor's office within 30 days of purchase to confirm the classification and identify any appeal opportunities.